U.S. stock futures prolong slide

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Source: Marketwatch
© Scanpix/AP
U.S. stock futures prolonged decline on Friday on a global equity sell-off, partially led by weaker-than-expected Q3 results from Apple Inc., after yesterday's U.S. closing bell and fragile Asian economic data. Dow Jones futures slipped 0.9% to 12,944. Futures on S&P 500 lost 11.2 points to 1,397 and those on Nasdaq fell 22.75 points to 2,265.25.
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Fri, 26 Oct 2012 12:54:29 GMT

U.S. economy expands at 2%

The Bureau of Economic Analysis reported on Friday that the gross domestic product of the United States added more than expected in the quarter from July to September. The U.S. GDP climbed 2% annual rate, compared to a 1.3% increase in the preceding quarter. Economists, however, expected that the economy would expand at a rate of 1.8%. Consumer spending accounts

Fri, 26 Oct 2012 11:42:47 GMT

Europe stocks tumble following Asia

European stocks declined, keying off lower-than-forecast earnings from Apple Inc., which created sharp drops for Asian markets. U.S. GDP data due later today also in focus. On Friday, the Stoxx Europe 600 slipped 0.4% to 269.10. The CAC 40 fell 0.5% to 3.395.35, the DAX 30 tumbled 0.2% to 7,182.51 and the FTSE 100 slid 0.4% to 5,781.15.

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